Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Realty Invest Transcontinental Buys 2,002 Shares of Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 2,002 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average price of $17.95 per share, with a total value of $35,935.90. Following the completion of the purchase, the insider owned 3,447,404 shares in the company, valued at $61,880,901.80. This represents a 0.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Tuesday, May 26th, Realty Invest Transcontinental purchased 1,700 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.89 per share, with a total value of $30,413.00.
• On Wednesday, May 20th, Realty Invest Transcontinental purchased 351 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental purchased 2 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.75 per share, with a total value of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental purchased 1,520 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.86 per share, with a total value of $27,147.20.
• On Tuesday, May 5th, Realty Invest Transcontinental purchased 3,000 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.94 per share, with a total value of $53,820.00.
• On Monday, March 30th, Realty Invest Transcontinental purchased 2 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.75 per share, with a total value of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental purchased 40 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.75 per share, with a total value of $710.00.

Income Opportunity Realty Investors Price Performance

Shares of Income Opportunity Realty Investors stock opened at $18.00 on Friday. The company has a 50-day moving average of $18.06 and a 200 day moving average of $18.27. The firm has a market cap of $73.26 million, a price-to-earnings ratio of 18.18 and a beta of -0.01. Income Opportunity Realty Investors, Inc. has a 1 year low of $16.85 and a 1 year high of $19.69.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $1.38 million during the quarter.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.